Haltom City Faces Economic Challenges as Business Closures and Population Decline Persist

Haltom City, Texas, is confronting a troubling economic downturn marked by the closure of major retailers and a noticeable decrease in population, particularly in its southern and central districts. With a vacancy rate of approximately 30% in key commercial areas, the departure of stores like Sam's Dollar Store and Big Lots has left a visible void. Despite the arrival of new businesses such as Five and Below, WD's Discount, and Wingstop, the overall trend suggests a growing challenge for the city's economic vitality.

The situation is compounded by a recent report highlighting a population decline in Haltom City, a stark contrast to the growth seen in other parts of Tarrant County and the Dallas-Fort Worth metroplex. This demographic shift raises concerns about the city's ability to attract and retain residents and businesses alike.

Joe Palmer, Communications Director for the Haltom United Business Alliance (HUBA), has voiced concerns over the city's current trajectory. HUBA has proposed code improvements to foster new business development, yet a cohesive strategy from city leadership to address the decline in the south and central areas remains elusive. Palmer has criticized the focus of newly elected council members on the northern part of the city, arguing that neglecting the struggling districts only exacerbates the problem.

The challenges faced by Haltom City reflect broader issues affecting smaller, older cities across the United States, including rising crime rates and the loss of businesses in historic districts. HUBA advocates for public hearings and the adoption of targeted urban renewal strategies, drawing inspiration from successful projects in similar cities. The organization's efforts underscore the urgent need for action to reverse the decline and ensure a prosperous future for Haltom City.